Home Values

28803 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$215,500

  • 3.8% 1-year change
  • 1.1% 1-year forecast

The median home value in 28803 is $215,500. 28803 home values have gone up 3.8% over the past year and Zillow predicts they will rise 1.1% within the next year. The median list price per square foot in 28803 is None. The median rent price in 28803 is $1,250, which is higher than the Asheville Metro median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In 28803 1.1 homes are foreclosed (per 10,000). This is lower than the national value of 3.9

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 28803 homeowners underwater on their mortgage is 7.8%.

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Relative ZHVI
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28803 Market Overview

Data through Apr 30, 2015
  • $215,500 ZHVI
  • 1.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $243,450 Median sale price
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28803 Market Health

Data through Apr 30, 2015
  • 7.6/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 7.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

1.1 homes 28803
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
28804 $282,000
28730 $261,700
28801 $220,000
Name Median ZHVI
28759 $209,000
28732 $200,600
28805 $195,500
Name Median ZHVI
28704 $194,400
28806 $163,100
28778 $157,300

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $141 Median sale price / sq ft
  • No data Listings with price cut
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28803 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,299 28803
    $1,215 Asheville Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,250 Rent list price
  • No data Rent list price / sq ft
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